Mira Oasis 2

A 3 bed, 4 bathroom townhouse in Dubai’s gated community Reem, Mira Oasis 2. A large plot and BUA compared to most other townhouse communities in Dubai. We secured this property for AED 2.675m. Despite Mira Oasis 2 sales prices rising 21% over the last 12 months, we have taken no capital appreciation into consideration when projecting the profits of this project which demonstrates the conservative nature of our workings.

The anticipated project timeline is 6-8 months. The renovation works were completed in 3 months, after one month obtaining the approvals from the developer and Dubai Development Authorities (DDA). The property listing has been live for 5 days and has received positive feedback from all potential buyers, accrediting the quality, materials and appliances throughout the renovation.

Al Andalus Apartments, JGE, Dubai

A project undertaken by Choucair Capital in 2023, demonstrates the ability to leverage our robust network of real estate brokers, showcasing our expertise in acquiring properties significantly below market value. The property, already in an upgraded finish, eliminated the necessity for renovation, allowing for immediate profitability on purchase, amplified due to it being bought tenanted, and sold vacant on transfer.

PROJECT PROFIT: AED 256,000

• 2 Bedroom

• 3 Bathroom

• Furnished

• Pool and Gym access

• 1,370 sq ft

Princess Tower, Dubai Marina

Total return on investment (ROI) - 26%

This project was a 2 bed, 2 bathroom apartment on a high floor with a view of the Dubai Ain, Burj Al Arab and an unobstructed panoramic sea and palm view. The unit had scope for an internal fit-out. Within walking distance to the beach, JBR, Marina Walk, Gems Wellington International School, and easy access to Sheikh Zayed Road.

Initially listed at AED 2.3m, a discount was achieved with a purchase price of AED 2.2m. The cash required for the project, including renovation and running costs, was AED 705,000. The project took 6 months in total, including the purchase, renovation and sale of the property, achieving a record breaking price/sqft and the highest sale price of a 2 bed for the building. We achieved our goal sale price in just 3 weeks of the listing going live, meaning our investors got their investment plus return within just 7 months!

Park Ridge C, Dubai Hills

A 2 bed, 2 bathroom apartment on a high floor, with direct access to Dubai Hills Park and a view of the Dubai Downtown skyline. Near to Dubai Hills Mall and Kings College London Hospital.

We secured this property off-market for AED 2.1 million tenanted. The current market value of a same spec unit was AED 2.5 million, so instead of making a profit through renovation, we relocated the tenant to an apartment on a higher floor and put this unit back on the market immediately.

The anticipated project timeline is 4 months. As we will be a mortgage buyer with a cash seller, the buy process will take 4-8 weeks. The unit will be listed immediately and our agent will be bringing interest to the unit beforehand to ensure that viewings commence as soon as it is re-listed. Assuming a mortgaged buyer, this process should take another 6-8 weeks.

• 2 Bedroom

• 2 Bathroom

• Tenanted but pre-agreed to relocate

• Shared pool, gym & spa access

• 999 sq ft BUA

• No extension or renovation works required